Boomerang

  • by Michael Lewis
  • Narrated by Dylan Baker
  • 7 hrs and 14 mins
  • Unabridged Audiobook

Publisher's Summary

From the #1 New York Times best-selling author of The Big Short, Liar’s Poker and The Blind Side!
The tsunami of cheap credit that rolled across the planet between 2002 and 2008 was more than a simple financial phenomenon: it was temptation, offering entire societies the chance to reveal aspects of their characters they could not normally afford to indulge.
The Greeks wanted to turn their country into a pinata stuffed with cash and allow as many citizens as possible to take a whack at it. The Germans wanted to be even more German; the Irish wanted to stop being Irish.
The trademark of Michael Lewis’s best sellers is to tell an important and complex story through characters so outsized and outrageously weird that you’d think they have to be invented. (You’d be wrong.) In Boomerang, we meet a brilliant monk who has figured out how to game Greek capitalism to save his failing monastery; a cod fisherman who, with three days’ training, becomes a currency trader for an Icelandic bank; and an Irish real estate developer so outraged by the collapse of his business that he drives across the country to attack the Irish Parliament with his earth-moving equipment.
Lewis’s investigation of bubbles beyond our shores is so brilliantly, sadly hilarious that it leads the American listener to a comfortable complacency: Oh, those foolish foreigners. But when Lewis turns a merciless eye on California and Washington DC, we see that the narrative is a trap baited with humor, and we understand the reckoning that awaits the greatest and greediest of debtor nations.

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What the Critics Say

“No one writes with more narrative panache about money and finance than Lewis.” (Michiko Kakutani, New York Times)

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Customer Reviews

Most Helpful

An easy intro to the global financial crisis

I’ve always found the financial crisis difficult to understand, particularly when it comes to the global level. But Michael Lewis makes it entertaining and easy-to-understand through his firsthand account of the larger-than-life characters from five nations: Iceland, Greece, Ireland, Germany, and (last but not least) the US.

The story of Iceland was especially fascinating – I remember a business acquaintance there who had to fly with thousands in cash shortly after the 2008 meltdown. Lewis not only explains the cause behind the collapse, but also the reasons for the rise of cheap credit in a nation that once made its fortune in fishing.

Dylan Baker’s conversational tone makes it feel like Lewis is talking right to you, and he gets the occasional notes of sarcasm just right too. I’ll definitely be listening to more from him, and Lewis.
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- Diana - Audible

A Collection of Essays After the Crash

I read these essays on Iceland, Greece, Ireland, Germany and California when they were first published in 2009/10/11 in Vanity Fair. It is hard re-reading/listening to them now again in audiobook form and not think Michael Lewis is a GOD. IF you haven't read these, go to the Library, buy the book. GET off your butt, go to Vanity Fair and start reading his essays:

After you've read this to read The Big Short: Inside the Doomsday Machine, also by Michael Lewis. That is probably the most important financial book written in twenty years.
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- Darwin8u

Book Details

  • Release Date: 10-03-2011
  • Publisher: Simon & Schuster Audio